The United Arab Emirates (UAE) has been witnessing consecutive waves of changes to the various constituent sectors shaping its economy. As part of its vision for decades to come, the gulf state is looking to secure a futureproof resilient strategy by unlocking potential economic growth opportunities that will allow different sectors to change, progress, and […]
Search results for "IT"
Occidental Petroleum Corp on Thursday said it agreed to sell emissions-offsetting carbon credits to jet-maker Airbus under a deal that advances the U.S. oil producer’s budding energy transition business. The four-year agreement sets the stage for Occidental to go ahead on an investment decision for what would be the world’s largest plant designed to suck […]
Telecom Italia (TIM) faces a 2.6 billion euro ($2.9 billion) request for damages in a case relating to alleged abuse of its dominant position in the broadband market after a complaint by rival Open Fiber, the phone group’s 2021 financial statement shows. As previously disclosed, Open Fiber filed a complaint with a Milan court in […]
Myanmar’s junta has given the final approval for the sale of Norwegian telecommunications company Telenor’s operations in the country to a local company and Lebanese investment firm, three sources with knowledge of the matter told Reuters. According to a letter of approval sent on March 15, seen by two of the people, the transfer of […]
Digitizing operations and diagnostic rooms have become necessary as the world accelerates its pace to accommodate the global shift towards digitalization. Digital transformation in healthcare has become one of the main pillars driving innovation in the health sector. It creates a robust foundation that will positively impact technology on human lives. Proximie, the global health […]
Russian government websites are facing unprecedented cyber attacks and technical efforts are being made to filter foreign web traffic, the TASS news agency cited the digital ministry as saying on Thursday. Russian government entities and state-owned companies have been targeted over events in Ukraine, with the websites of the Kremlin, flagship carrier Aeroflot and major […]
China’s top financial policymaker rescued stock markets from a bloodbath this week with a promise of stability, but plenty of investors reckon mere words will not restore lasting calm in an economy beset with multiple large risks. Hong Kong markets, which have borne the brunt of the brutal selloff in Chinese stocks, rallied fiercely after […]
Needless to say, 5G is the hype of the moment, not only among operators but also among big tech companies, industries, and governmental organizations. To the large audience, 5G is a Formula 1 car with the most advanced technological innovations. It is a precious stone of the highest quality. Yet, 5G clearly hasn’t achieved what […]
Apple’s largest iPhone assembler, Foxconn, publicized talks with the Kingdom of Saudi Arabia (KSA) concerning plans of jointly developing a $9 billion multipurpose factor to create microchips, electric-vehicle components, in addition to a variety of different products. People familiarized with the plan stated that the Saudi government is considering an offer from the Taiwanese electronics company […]
Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as it makes a bigger push towards clean energy and transport. Reliance’s investment in Lithium Werks, which manufactures lithium iron phosphate batteries that are mainly used in electric vehicles […]